Category : Banking


Silver Prices Crash 6% After Record Highs, Gold Also Falls

Silver prices plunged 6% on Friday, January 30, after hitting record highs, with MCX silver down 10% from its peak. Global spot silver fell 0.2% despite a 62% monthly surge. Gold also retreated as the US dollar strengthened amid Fed policy and geopolitica

Farmer Dies After Bank Account Emptied in Lucknow

A 60-year-old farmer from Lucknow's Para area died of shock after discovering his life savings of nearly Rs 12 lakh missing from his bank account, with police investigating possible banking fraud.

Gold, Silver Record Highs Transform Jewellery Trade Practices

Gold and silver prices hit historic peaks in India, with gold at Rs 1.8 lakh per 10 gram and silver at Rs 4 lakh per kg. This extreme volatility has forced jewellers to shift from token-based bookings to full advance payments, altering consumer preference

Rupee Hits All-Time Low at 91.99 Against US Dollar

The Indian rupee closed at a historic low of 91.99 against the US dollar on January 29, 2026, after volatile trading saw it touch an intra-day low of 92. The currency opened at 91.95 and briefly reached 91.82 before declining.

Canara Bank Q3 Net Profit Jumps 26% to Rs 5,155 Crore

Canara Bank reported a 26% rise in net profit to Rs 5,155 crore for Q3 FY26, driven by higher operating profit, strong non-interest income growth, and improved asset quality. Key metrics show robust performance across deposits, advances, and profitability

High Costs Limit Insurance Growth: Economic Survey

India's insurance sector faces structural constraints due to escalating acquisition costs, limiting customer inclusion and threatening long-term stability despite revenue growth from existing customers.

SBI MF: Large Caps Safer Than Mid, Small Caps Now

Anup Upadhyay of SBI Mutual Fund reveals 70% of SBI Flexi Cap Fund is in large caps, up from 55% a year ago, citing better margin of safety. He discusses market outlook, sector bets, and fund strategy.

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